Allegion (ALLE) Financials

$135.60 +3.31 (+2.50%)

Closing price 03:59 PM Eastern

Extended Trading

$135.35 -0.24 (-0.18%)

As of 05:34 PM Eastern

Annual Income Statements for Allegion

This table shows Allegion's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	154	229	273	435	402	314	483	458	540	598	644
Consolidated Net Income / (Loss)	154	231	277	435	402	315	483	458	541	598	644
Net Income / (Loss) Continuing Operations	155	231	277	435	402	315	483	458	541	596	644
Total Pre-Tax Income	209	295	396	475	475	365	524	515	617	699	768
Total Operating Income	359	434	493	526	565	404	530	586	708	781	860
Total Gross Profit	869	990	1,073	1,173	1,252	1,179	1,205	1,322	1,582	1,669	1,838
Total Revenue	2,068	2,238	2,408	2,732	2,854	2,720	2,867	3,272	3,651	3,772	4,067
Operating Revenue	2,068	2,238	2,408	2,732	2,854	2,720	2,867	3,272	3,651	3,772	4,067
Total Cost of Revenue	1,199	1,248	1,335	1,558	1,602	1,541	1,663	1,950	2,069	2,104	2,229
Operating Cost of Revenue	1,199	1,248	1,335	1,558	1,602	1,541	1,663	1,950	2,069	2,104	2,229
Total Operating Expenses	511	555	580	648	687	775	675	736	873	883	979
Selling, General & Admin Expense	511	555	580	648	681	636	675	736	866	888	979
Impairment Charge	0.00	0.00	-	0.00	5.90	102	0.00	0.00	7.50	0.00	0.00
Total Other Income / (Expense), net	-149	-139	-97	-53	-90	-38	-3.60	-72	-91	-80	-91
Interest Expense	53	64	106	54	56	51	50	76	93	102	101
Other Income / (Expense), net	-96	-75	8.90	3.40	-34	13	47	4.00	1.90	23	9.90
Income Tax Expense	55	64	119	40	73	51	41	56	77	102	125
Net Income / (Loss) Attributable to Noncontrolling Interest	0.40	2.10	3.40	0.50	0.30	0.20	0.30	0.30	0.20	0.00	0.00
Basic Earnings per Share	$1.60	$2.39	$2.87	$4.58	$4.29	$3.41	$5.37	$5.20	$6.15	$6.85	$7.48
Weighted Average Basic Shares Outstanding	95.90M	95.80M	95.10M	95M	93.70M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Diluted Earnings per Share	$1.59	$2.36	$2.85	$4.54	$4.26	$3.39	$5.34	$5.19	$6.12	$6.82	$7.44
Weighted Average Diluted Shares Outstanding	95.90M	95.80M	95.10M	95M	93.70M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Weighted Average Basic & Diluted Shares Outstanding	95.90M	95.80M	95.10M	95M	93.70M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Cash Dividends to Common per Share	$0.40	$0.48	$0.64	$0.84	$1.08	$1.28	$1.44	$1.64	$1.80	$1.92	$2.04

This table shows Allegion's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	156	119	124	0.00	0.00	144	148	0.00	0.00	496	138
Consolidated Net Income / (Loss)	156	119	124	155	174	144	148	160	188	148	138
Net Income / (Loss) Continuing Operations	156	119	124	155	174	143	148	160	188	148	138
Total Pre-Tax Income	170	137	153	189	195	162	175	200	209	184	172
Total Operating Income	193	160	172	209	215	185	196	220	234	210	195
Total Gross Profit	403	385	391	428	432	417	423	467	490	460	455
Total Revenue	918	897	894	966	967	946	942	1,022	1,070	1,033	1,034
Operating Revenue	918	897	894	966	967	946	942	1,022	1,070	1,033	1,034
Total Cost of Revenue	515	512	503	537	535	529	519	556	580	574	579
Operating Cost of Revenue	515	512	503	537	535	529	519	556	580	574	579
Total Operating Expenses	210	226	219	219	217	228	226	247	256	250	259
Selling, General & Admin Expense	210	218	219	219	217	232	226	247	256	250	259
Total Other Income / (Expense), net	-23	-22	-19	-20	-20	-20	-21	-19	-25	-26	-24
Interest Expense	23	23	23	25	29	25	25	25	27	25	24
Other Income / (Expense), net	-0.10	0.50	3.70	5.10	8.40	5.80	3.50	5.30	1.70	-0.60	0.40
Income Tax Expense	14	18	29	34	20	19	27	41	21	36	33
Basic Earnings per Share	$1.78	$1.35	$1.41	$1.78	$2.00	$1.66	$1.72	$1.86	$2.19	$1.71	$1.60
Weighted Average Basic Shares Outstanding	87.90M	87.55M	87.60M	87.30M	87.10M	86.29M	86.30M	86M	85.90M	86.15M	86.10M
Diluted Earnings per Share	$1.77	$1.34	$1.41	$1.77	$1.99	$1.65	$1.71	$1.85	$2.18	$1.70	$1.59
Weighted Average Diluted Shares Outstanding	88.20M	87.55M	88.10M	87.70M	87.60M	86.29M	86.70M	86.40M	86.50M	86.15M	86.60M
Weighted Average Basic & Diluted Shares Outstanding	87.79M	87.55M	87.44M	87.13M	86.93M	86.29M	86.05M	85.85M	86.03M	86.15M	85.94M
Cash Dividends to Common per Share	$0.45	-	$0.48	$0.48	$0.48	-	$0.51	$0.51	$0.51	-	$0.55

This table details how cash moves in and out of Allegion's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-70	140	146	-169	68	122	-83	-110	180	36	-148
Net Cash From Operating Activities	257	378	347	458	488	490	489	460	601	675	784
Net Cash From Continuing Operating Activities	271	338	347	458	488	490	489	460	601	675	784
Net Income / (Loss) Continuing Operations	155	231	277	435	402	315	483	458	541	598	644
Consolidated Net Income / (Loss)	154	231	277	435	402	315	483	458	541	598	644
Depreciation Expense	53	67	67	86	83	81	83	98	112	119	133
Non-Cash Adjustments To Reconcile Net Income	103	104	57	12	56	155	6.20	44	34	27	36
Changes in Operating Assets and Liabilities, net	-40	-64	-53	-75	-52	-61	-84	-141	-86	-68	-29
Net Cash From Investing Activities	-534	-64	-50	-444	-78	-57	-32	-994	-129	-228	-686
Net Cash From Continuing Investing Activities	-546	-1.20	-50	-444	-78	-57	-32	-994	-129	-228	-686
Purchase of Property, Plant & Equipment	-35	-43	-49	-49	-66	-47	-45	-64	-84	-92	-98
Acquisitions	-511	31	-21	-376	-7.60	-13	-6.50	-923	-32	-137	-592
Other Investing Activities, net	-	0.00	3.10	-4.30	-7.70	2.90	13	-7.00	-13	0.90	4.80
Net Cash From Financing Activities	215	-196	-151	-183	-342	-322	-529	437	-299	-395	-267
Net Cash From Continuing Financing Activities	195	-196	-151	-183	-342	-322	-529	440	-299	-395	-267
Repayment of Debt	-428	-53	-1,504	-155	-422	4.20	-238	-295	-111	-422	-597
Repurchase of Common Equity	-30	-85	-60	-67	-226	-209	-413	-61	-60	-220	-80
Payment of Dividends	-38	-46	-61	-79	-101	-117	-129	-144	-159	-167	-175
Issuance of Debt	700	-17	1,665	115	400	0.00	250	940	30	400	562
Other Financing Activities, net	0.00	0.00	-198	-	-	-	-	-	1.30	15	24
Effect of Exchange Rate Changes	-9.00	-	-	-	-0.30	10	-10	-12	7.30	-16	21

This table details how cash moves in and out of Allegion's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	42	104	-76	356	131	-375	-9.30	162	-354	54	-47
Net Cash From Operating Activities	151	220	51	173	232	219	105	210	230	240	101
Net Cash From Continuing Operating Activities	151	220	51	173	232	219	105	210	230	240	101
Net Income / (Loss) Continuing Operations	156	119	124	155	174	144	148	160	188	148	138
Consolidated Net Income / (Loss)	156	119	124	155	174	144	148	160	188	148	138
Depreciation Expense	28	28	29	31	30	30	30	32	37	35	36
Changes in Operating Assets and Liabilities, net	-34	39	-102	-13	28	18	-74	18	4.40	22	-72
Net Cash From Investing Activities	-22	-46	-43	-123	-24	-38	-28	-55	-567	-36	-97
Net Cash From Continuing Investing Activities	-22	-46	-43	-123	-24	-38	-28	-55	-567	-36	-97
Purchase of Property, Plant & Equipment	-21	-24	-27	-21	-20	-24	-21	-18	-20	-40	-21
Acquisitions	-3.10	-	-19	-102	-0.40	-16	-11	-37	-547	1.80	-76
Other Investing Activities, net	1.60	-22	3.10	-0.20	-3.90	1.90	3.60	-	-0.40	1.60	-0.20
Net Cash From Financing Activities	-82	-79	-80	308	-81	-542	-91	-7.90	-16	-152	-49
Net Cash From Continuing Financing Activities	-82	-79	-80	308	-81	-542	-91	-7.90	-16	-152	-49
Repayment of Debt	-42	-0.60	2.10	-10	0.90	-415	-7.70	0.30	-196	-393	-92
Repurchase of Common Equity	-	-40	-40	-40	-40	-100	-40	-40	-	-	-41
Payment of Dividends	-40	-40	-42	-42	-42	-41	-44	-44	-44	-44	-47
Issuance of Debt	-	-	0.00	400	-	-	0.00	76	224	262	131
Effect of Exchange Rate Changes	-5.60	8.80	-4.00	-2.90	4.60	-14	5.50	15	-0.90	1.10	-3.00

This table presents Allegion's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	2,263	2,247	2,542	2,810	2,967	3,069	3,051	3,991	4,312	4,488	5,224
Total Current Assets	735	829	1,033	932	1,002	1,145	1,118	1,215	1,361	1,422	1,392
Restricted Cash	0.00	-	0.00	6.80	3.40	-	-	-	-	-	356
Accounts Receivable	303	260	297	325	-	-	-	-	-	-	438
Inventories, net	204	221	240	280	270	283	380	479	439	423	519
Other Current Assets	17	22	17	20	29	28	27	40	33	47	79
Plant, Property, & Equipment, net	225	227	252	277	291	295	284	309	358	385	445
Total Noncurrent Assets	1,303	1,192	1,257	1,602	1,674	1,630	1,650	2,468	2,593	2,680	3,387
Goodwill	714	717	761	883	873	819	804	1,413	1,443	1,489	1,912
Intangible Assets	372	357	394	547	511	487	448	609	573	569	826
Other Noncurrent Operating Assets	125	45	66	87	177	197	244	218	284	290	649
Total Liabilities & Shareholders' Equity	2,263	2,247	2,542	2,810	2,967	3,069	3,051	3,991	4,312	4,488	5,224
Total Liabilities	2,233	2,131	2,137	2,156	2,207	2,237	2,289	3,047	2,993	2,987	3,156
Total Current Liabilities	447	430	461	521	507	522	601	704	1,080	697	755
Short-Term Debt	66	48	35	35	0.10	0.20	13	13	413	22	0.20
Accounts Payable	175	180	188	235	221	220	259	281	259	258	245
Accrued Expenses	125	118	135	135	175	189	200	248	258	275	510
Total Noncurrent Liabilities	1,786	1,701	1,676	1,635	1,700	1,715	1,687	2,343	1,914	2,290	2,401
Long-Term Debt	1,458	1,416	1,442	1,410	1,428	1,429	1,430	2,082	1,602	1,978	1,980
Other Noncurrent Operating Liabilities	63	33	24	29	77	101	88	120	173	176	421
Total Equity & Noncontrolling Interests	30	116	406	654	760	833	762	945	1,318	1,501	2,068
Total Preferred & Common Equity	26	113	402	651	757	829	759	942	0.00	1,501	2,068
Total Common Equity	26	113	402	651	757	829	759	942	1,318	1,501	2,068
Common Stock	25	1.00	10	0.90	0.90	0.90	0.90	15	0.90	0.90	35
Retained Earnings	232	377	544	874	975	986	953	1,213	1,579	1,831	2,238
Accumulated Other Comprehensive Income / (Loss)	-232	-264	-153	-224	-219	-157	-194	-286	-262	-332	-206

This table presents Allegion's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	4,164	4,183	4,312	4,287	4,779	4,974	4,488	4,564	4,915	5,225	5,312
Total Current Assets	1,275	1,320	1,361	1,338	1,716	1,862	1,422	1,462	1,678	1,404	1,423
Restricted Cash	-	-	-	-	-	-	-	-	-	-	309
Accounts Receivable	423	440	-	448	474	459	-	467	477	501	512
Inventories, net	483	469	439	448	445	450	423	444	480	525	537
Other Current Assets	46	47	33	50	50	75	47	56	64	75	65
Plant, Property, & Equipment, net	329	335	358	362	371	385	385	397	411	424	450
Total Noncurrent Assets	2,560	2,528	2,593	2,587	2,693	2,727	2,680	2,706	2,827	3,398	3,439
Goodwill	1,439	1,428	1,443	1,436	1,488	1,506	1,489	1,508	1,574	1,901	1,931
Intangible Assets	604	580	573	566	610	605	569	569	596	836	837
Other Noncurrent Operating Assets	517	520	284	584	595	616	290	629	657	660	672
Total Liabilities & Shareholders' Equity	4,164	4,183	4,312	4,287	4,779	4,974	4,488	4,564	4,915	5,225	5,312
Total Liabilities	3,023	2,952	2,993	2,936	3,354	3,403	2,987	2,957	3,128	3,279	3,211
Total Current Liabilities	661	650	1,080	1,025	1,034	1,092	697	672	729	793	746
Short-Term Debt	13	13	413	413	416	419	22	25	25	28	0.30
Accounts Payable	265	246	259	248	254	267	258	249	273	258	272
Accrued Expenses	383	392	258	365	364	406	275	398	431	506	474
Total Noncurrent Liabilities	2,363	2,302	1,914	1,911	2,320	2,311	2,290	2,285	2,400	2,486	2,465
Long-Term Debt	2,047	2,005	1,602	1,600	1,988	1,983	1,978	1,972	2,042	2,060	2,030
Other Noncurrent Operating Liabilities	316	297	173	311	331	328	176	313	358	427	435
Total Equity & Noncontrolling Interests	1,141	1,231	1,318	1,351	1,425	1,571	1,501	1,607	1,787	1,947	2,101
Total Preferred & Common Equity	1,139	1,232	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,101
Total Common Equity	1,139	1,232	1,318	1,351	1,425	1,571	1,501	1,607	1,787	1,947	2,101
Common Stock	6.20	13	0.90	0.90	2.70	0.90	0.90	0.90	0.90	27	0.90
Retained Earnings	1,399	1,516	1,579	1,636	1,713	1,819	1,831	1,901	1,990	2,135	2,328
Accumulated Other Comprehensive Income / (Loss)	-267	-297	-262	-286	-291	-249	-332	-295	-204	-214	-228

This table displays calculated financial ratios and metrics derived from Allegion's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.37%	8.22%	7.61%	13.43%	4.56%	-4.78%	5.42%	14.11%	11.58%	3.33%	7.82%
EBITDA Growth	-14.87%	35.13%	33.34%	8.29%	-0.63%	-18.64%	32.64%	4.30%	19.47%	12.21%	8.66%
EBIT Growth	-18.50%	37.03%	39.55%	5.54%	-0.13%	-21.19%	38.49%	2.36%	20.38%	13.09%	8.17%
NOPAT Growth	18.46%	28.42%	1.18%	39.73%	-0.26%	-27.64%	40.81%	6.82%	18.79%	7.38%	8.08%
Net Income Growth	-10.60%	49.84%	19.68%	57.35%	-7.65%	-21.79%	53.67%	-5.17%	17.96%	10.53%	7.75%
EPS Growth	-11.67%	48.43%	20.76%	59.30%	-6.17%	-20.42%	57.52%	-2.81%	17.92%	11.44%	9.09%
Operating Cash Flow Growth	0.43%	46.89%	-8.03%	31.85%	6.64%	0.43%	-0.35%	-5.96%	30.71%	12.39%	16.12%
Free Cash Flow Firm Growth	-158.32%	272.64%	-54.59%	-53.93%	411.63%	-14.08%	18.33%	-189.89%	220.12%	6.43%	-95.32%
Invested Capital Growth	61.05%	-6.47%	11.86%	27.67%	1.22%	-2.53%	1.31%	52.08%	4.28%	4.58%	23.20%
Revenue Q/Q Growth	-1.34%	1.10%	2.26%	2.99%	0.68%	0.20%	-0.63%	4.88%	0.99%	1.30%	2.20%
EBITDA Q/Q Growth	14.57%	1.62%	6.86%	1.69%	-5.06%	2.07%	3.55%	4.68%	-0.50%	3.64%	2.40%
EBIT Q/Q Growth	16.27%	1.78%	7.67%	1.30%	-5.81%	2.41%	4.00%	4.16%	-0.52%	3.96%	2.19%
NOPAT Q/Q Growth	28.42%	4.93%	-13.25%	26.51%	-5.22%	-4.66%	-0.05%	10.34%	-2.45%	3.79%	0.81%
Net Income Q/Q Growth	47.66%	1.31%	-18.52%	38.40%	-11.49%	4.21%	4.16%	5.21%	-3.01%	4.46%	0.53%
EPS Q/Q Growth	31.41%	0.85%	-18.80%	39.69%	-11.06%	4.63%	4.91%	5.70%	-3.16%	4.76%	0.68%
Operating Cash Flow Q/Q Growth	22.73%	21.81%	-5.93%	4.62%	2.39%	-1.59%	-12.33%	15.08%	4.73%	-0.07%	2.77%
Free Cash Flow Firm Q/Q Growth	-41.95%	31.71%	-40.66%	855.35%	-5.87%	-4.94%	-10.47%	11.04%	2.65%	23.70%	-67.49%
Invested Capital Q/Q Growth	-4.38%	-10.53%	-4.62%	-2.58%	-2.44%	-2.31%	0.67%	0.33%	-0.68%	-3.16%	-1.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.02%	44.22%	44.55%	42.95%	43.92%	43.34%	42.02%	40.42%	43.32%	44.23%	45.20%
EBITDA Margin	15.25%	19.04%	23.60%	22.53%	21.41%	18.29%	23.01%	21.04%	22.52%	24.46%	24.65%
Operating Margin	17.34%	19.41%	20.45%	19.25%	19.78%	14.84%	18.49%	17.92%	19.40%	20.70%	21.13%
EBIT Margin	12.68%	16.05%	20.82%	19.37%	18.50%	15.31%	20.12%	18.04%	19.47%	21.31%	21.38%
Profit (Net Income) Margin	7.46%	10.33%	11.49%	15.94%	14.08%	11.56%	16.86%	14.01%	14.81%	15.84%	15.83%
Tax Burden Percent	73.72%	78.37%	69.93%	91.62%	84.62%	86.07%	92.23%	89.08%	87.59%	85.50%	83.78%
Interest Burden Percent	79.82%	82.10%	78.92%	89.80%	89.91%	87.73%	90.85%	87.14%	86.84%	86.95%	88.38%
Effective Tax Rate	26.09%	21.63%	30.07%	8.48%	15.07%	13.93%	7.77%	10.92%	12.41%	14.65%	16.22%
Return on Invested Capital (ROIC)	24.17%	26.00%	25.69%	29.86%	26.39%	19.23%	27.24%	22.94%	22.11%	22.73%	21.54%
ROIC Less NNEP Spread (ROIC-NNEP)	13.84%	17.16%	19.42%	25.63%	19.39%	15.98%	26.67%	18.44%	17.34%	18.21%	16.64%
Return on Net Nonoperating Assets (RNNOA)	616.08%	290.50%	80.35%	52.33%	30.46%	20.26%	33.36%	30.76%	25.67%	19.66%	14.55%
Return on Equity (ROE)	640.25%	316.50%	106.04%	82.19%	56.86%	39.49%	60.60%	53.70%	47.78%	42.39%	36.08%
Cash Return on Invested Capital (CROIC)	-22.60%	32.68%	14.49%	5.55%	25.18%	21.78%	25.94%	-18.38%	17.92%	18.26%	0.75%
Operating Return on Assets (OROA)	12.26%	15.93%	20.94%	19.78%	18.30%	13.80%	18.85%	16.77%	17.12%	18.27%	17.90%
Return on Assets (ROA)	7.21%	10.25%	11.55%	16.27%	13.92%	10.42%	15.79%	13.02%	13.02%	13.58%	13.26%
Return on Common Equity (ROCE)	276.29%	300.90%	104.61%	81.65%	56.62%	39.33%	60.35%	53.51%	47.72%	42.39%	36.08%
Return on Equity Simple (ROE_SIMPLE)	602.73%	204.06%	68.90%	66.88%	53.09%	37.92%	63.67%	48.66%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	265	340	344	481	480	347	489	522	620	666	720
NOPAT Margin	12.82%	15.21%	14.30%	17.62%	16.80%	12.77%	17.05%	15.96%	17.00%	17.66%	17.71%
Net Nonoperating Expense Percent (NNEP)	10.33%	8.83%	6.27%	4.23%	7.01%	3.25%	0.57%	4.50%	4.77%	4.52%	4.89%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.19%	18.61%	19.04%	17.79%
Cost of Revenue to Revenue	57.98%	55.78%	55.45%	57.05%	56.08%	56.66%	57.98%	59.58%	56.68%	55.77%	54.80%
SG&A Expenses to Revenue	24.68%	24.82%	24.10%	23.70%	23.85%	23.37%	23.53%	22.49%	23.71%	23.53%	24.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.68%	24.82%	24.10%	23.70%	23.85%	28.50%	23.53%	22.49%	23.92%	23.41%	24.07%
Earnings before Interest and Taxes (EBIT)	262	359	501	529	529	417	577	590	711	804	869
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	315	426	568	615	612	498	660	688	822	923	1,003
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	223.84	49.51	17.33	10.82	14.35	12.28	15.04	9.52	8.32	7.57	6.63
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.77	2.51	2.89	2.58	3.81	3.74	3.98	2.74	3.00	3.01	3.37
Price to Earnings (P/E)	37.23	24.49	25.46	16.19	27.05	32.40	23.64	19.58	20.28	19.01	21.28
Dividend Yield	0.67%	0.82%	0.87%	1.13%	0.92%	1.16%	1.13%	1.61%	1.44%	1.47%	1.28%
Earnings Yield	2.69%	4.08%	3.93%	6.18%	3.70%	3.09%	4.23%	5.11%	4.93%	5.26%	4.70%
Enterprise Value to Invested Capital (EV/IC)	5.22	5.34	5.63	4.54	6.53	6.24	6.90	3.92	4.37	4.29	4.15
Enterprise Value to Revenue (EV/Rev)	3.41	3.02	3.31	3.00	4.18	4.09	4.35	3.29	3.43	3.41	3.77
Enterprise Value to EBITDA (EV/EBITDA)	22.38	15.87	14.03	13.32	19.53	22.38	18.89	15.66	15.21	13.93	15.28
Enterprise Value to EBIT (EV/EBIT)	26.92	18.83	15.90	15.49	22.59	26.74	21.61	18.25	17.60	16.00	17.62
Enterprise Value to NOPAT (EV/NOPAT)	26.63	19.87	23.16	17.04	24.88	32.06	25.49	20.63	20.16	19.29	21.28
Enterprise Value to Operating Cash Flow (EV/OCF)	27.46	17.92	22.97	17.91	24.46	22.71	25.51	23.45	20.83	19.05	19.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	15.81	41.04	91.60	26.07	28.30	26.77	0.00	24.88	24.02	612.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	51.28	12.58	3.64	2.21	1.88	1.72	1.89	2.22	1.53	1.33	0.96
Long-Term Debt to Equity	49.07	12.16	3.56	2.16	1.88	1.72	1.88	2.20	1.22	1.32	0.96
Financial Leverage	44.50	16.92	4.14	2.04	1.57	1.27	1.25	1.67	1.48	1.08	0.87
Leverage Ratio	88.77	30.87	9.18	5.05	4.08	3.79	3.84	4.13	3.67	3.12	2.72
Compound Leverage Factor	70.86	25.35	7.24	4.54	3.67	3.32	3.49	3.60	3.19	2.71	2.41
Debt to Total Capital	98.09%	92.63%	78.46%	68.84%	65.25%	63.20%	65.42%	68.92%	60.45%	57.13%	48.92%
Short-Term Debt to Total Capital	4.22%	3.05%	1.86%	1.68%	0.00%	0.01%	0.57%	0.41%	12.38%	0.63%	0.00%
Long-Term Debt to Total Capital	93.86%	89.58%	76.60%	67.16%	65.24%	63.19%	64.84%	68.51%	48.07%	56.50%	48.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.26%	0.20%	0.21%	0.14%	0.14%	0.14%	0.15%	0.09%	0.00%	0.00%	0.00%
Common Equity to Total Capital	1.65%	7.17%	21.33%	31.02%	34.61%	36.66%	34.43%	30.99%	39.55%	42.87%	51.08%
Debt to EBITDA	4.83	3.43	2.60	2.35	2.33	2.87	2.19	3.04	2.45	2.17	1.98
Net Debt to EBITDA	4.20	2.70	1.78	1.88	1.75	1.91	1.58	2.62	1.88	1.62	1.62
Long-Term Debt to EBITDA	4.62	3.32	2.54	2.29	2.33	2.87	2.17	3.02	1.95	2.14	1.97
Debt to NOPAT	5.75	4.30	4.29	3.00	2.97	4.12	2.95	4.01	3.25	3.00	2.75
Net Debt to NOPAT	4.99	3.38	2.94	2.40	2.23	2.73	2.14	3.46	2.49	2.24	2.26
Long-Term Debt to NOPAT	5.50	4.16	4.19	2.93	2.97	4.12	2.92	3.99	2.58	2.97	2.75
Altman Z-Score	3.13	3.55	4.12	4.16	5.17	4.76	5.20	3.65	4.18	4.48	4.68
Noncontrolling Interest Sharing Ratio	56.85%	4.93%	1.34%	0.65%	0.42%	0.39%	0.41%	0.35%	0.12%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.64	1.93	2.24	1.79	1.98	2.20	1.86	1.73	1.26	2.04	1.84
Quick Ratio	1.13	1.33	1.66	1.17	1.35	1.54	1.13	0.97	0.82	1.32	1.05
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-248	428	194	90	458	393	466	-419	503	535	25
Operating Cash Flow to CapEx	730.11%	890.33%	704.26%	932.38%	744.21%	1,040.98%	1,076.21%	717.97%	713.30%	732.90%	798.98%
Free Cash Flow to Firm to Interest Expense	-4.69	6.65	1.84	1.66	8.18	7.70	9.28	-5.51	5.40	5.25	0.25
Operating Cash Flow to Interest Expense	4.86	5.87	3.28	8.48	8.72	9.59	9.73	6.05	6.45	6.62	7.76
Operating Cash Flow Less CapEx to Interest Expense	4.19	5.21	2.82	7.57	7.55	8.67	8.83	5.21	5.55	5.71	6.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.97	0.99	1.01	1.02	0.99	0.90	0.94	0.93	0.88	0.86	0.84
Accounts Receivable Turnover	7.75	7.94	8.65	8.79	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	6.42	5.88	5.80	5.99	5.82	5.57	5.01	4.54	4.51	4.88	4.73
Fixed Asset Turnover	9.57	9.92	10.06	10.33	10.06	9.28	9.91	11.05	10.95	10.15	9.80
Accounts Payable Turnover	6.84	7.03	7.25	7.36	7.03	6.98	6.93	7.22	7.67	8.14	8.87
Days Sales Outstanding (DSO)	47.11	45.94	42.18	41.52	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	56.84	62.09	62.92	60.91	62.69	65.49	72.84	80.45	80.92	74.74	77.13
Days Payable Outstanding (DPO)	53.38	51.90	50.32	49.57	51.96	52.27	52.64	50.53	47.62	44.87	41.17
Cash Conversion Cycle (CCC)	50.56	56.13	54.78	52.86	10.73	13.22	20.20	29.92	33.30	29.87	35.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,353	1,266	1,416	1,807	1,829	1,783	1,807	2,748	2,865	2,996	3,692
Invested Capital Turnover	1.89	1.71	1.80	1.70	1.57	1.51	1.60	1.44	1.30	1.29	1.22
Increase / (Decrease) in Invested Capital	513	-88	150	392	22	-46	23	941	118	131	695
Enterprise Value (EV)	7,058	6,764	7,974	8,199	11,941	11,136	12,466	10,777	12,509	12,856	15,322
Market Capitalization	5,730	5,610	6,959	7,042	10,869	10,183	11,418	8,968	10,962	11,360	13,698
Book Value per Share	$0.27	$1.18	$4.23	$6.85	$8.15	$9.01	$8.46	$10.72	$15.02	$17.26	$24.03
Tangible Book Value per Share	($11.06)	($10.01)	($7.93)	($8.20)	($6.75)	($5.18)	($5.49)	($12.30)	($7.95)	($6.42)	($7.80)
Total Capital	1,553	1,580	1,883	2,099	2,188	2,262	2,205	3,039	3,333	3,500	4,048
Total Debt	1,523	1,464	1,477	1,445	1,428	1,430	1,442	2,095	2,015	2,000	1,980
Total Long-Term Debt	1,458	1,416	1,442	1,410	1,428	1,429	1,430	2,082	1,602	1,978	1,980
Net Debt	1,323	1,151	1,011	1,154	1,069	949	1,044	1,807	1,547	1,496	1,624
Capital Expenditures (CapEx)	35	42	49	49	66	47	45	64	84	92	98
Debt-free, Cash-free Net Working Capital (DFCFNWC)	154	136	141	156	136	143	131	236	226	244	280
Debt-free Net Working Capital (DFNWC)	354	448	607	446	495	624	529	524	694	747	637
Net Working Capital (NWC)	288	400	572	411	495	624	516	511	281	725	636
Net Nonoperating Expense (NNE)	111	109	68	46	78	33	5.72	64	80	69	76
Net Nonoperating Obligations (NNO)	1,323	1,149	1,010	1,153	1,069	951	1,044	1,803	1,547	1,496	1,624
Total Depreciation and Amortization (D&A)	53	67	67	86	83	81	83	98	112	119	133
Debt-free, Cash-free Net Working Capital to Revenue	7.44%	6.05%	5.84%	5.69%	4.77%	5.27%	4.57%	7.20%	6.18%	6.45%	6.89%
Debt-free Net Working Capital to Revenue	17.10%	20.01%	25.20%	16.33%	17.33%	22.93%	18.45%	16.00%	19.00%	19.81%	15.65%
Net Working Capital to Revenue	13.93%	17.86%	23.75%	15.04%	17.32%	22.92%	18.01%	15.62%	7.70%	19.23%	15.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.60	$2.39	$2.87	$4.58	$4.29	$3.41	$5.37	$5.20	$6.15	$6.85	$7.48
Adjusted Weighted Average Basic Shares Outstanding	96.10M	95.47M	95.19M	94.46M	92.60M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Adjusted Diluted Earnings per Share	$1.59	$2.36	$2.85	$4.54	$4.26	$3.39	$5.34	$5.19	$6.12	$6.82	$7.44
Adjusted Weighted Average Diluted Shares Outstanding	96.10M	95.47M	95.19M	94.46M	92.60M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$4.29	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	96.10M	95.47M	95.19M	94.46M	92.60M	90.73M	88.23M	87.87M	87.55M	86.29M	86.15M
Normalized Net Operating Profit after Tax (NOPAT)	265	340	344	481	485	467	489	522	627	666	720
Normalized NOPAT Margin	12.82%	15.21%	14.30%	17.62%	16.98%	17.19%	17.05%	15.96%	17.18%	17.66%	17.71%
Pre Tax Income Margin	10.12%	13.18%	16.43%	17.40%	16.64%	13.43%	18.27%	15.72%	16.91%	18.52%	18.89%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.96	5.59	4.74	9.80	9.44	8.15	11.49	7.78	7.63	7.88	8.61
NOPAT to Interest Expense	5.01	5.29	3.26	8.91	8.57	6.80	9.74	6.88	6.66	6.53	7.13
EBIT Less CapEx to Interest Expense	4.29	4.93	4.28	8.89	8.27	7.23	10.59	6.94	6.73	6.98	7.64
NOPAT Less CapEx to Interest Expense	4.35	4.63	2.79	8.00	7.40	5.87	8.84	6.04	5.76	5.63	6.16
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.82%	19.90%	22.01%	18.24%	25.02%	37.30%	26.69%	31.40%	29.36%	27.95%	27.23%
Augmented Payout Ratio	44.26%	56.70%	43.69%	33.69%	81.22%	103.69%	112.10%	44.71%	40.44%	64.77%	39.66%

This table displays calculated financial ratios and metrics derived from Allegion's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,145,484.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,145,484.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.60
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.46%	4.17%	-3.15%	5.82%	5.36%	5.38%	5.37%	5.84%	10.66%	9.25%	9.74%
EBITDA Growth	18.73%	-2.13%	2.51%	14.71%	14.47%	17.01%	12.37%	4.94%	7.50%	10.68%	0.61%
EBIT Growth	23.09%	-2.26%	2.63%	14.98%	15.75%	18.85%	13.71%	5.09%	5.42%	9.77%	-2.10%
NOPAT Growth	27.16%	-10.13%	-2.62%	6.53%	8.40%	17.56%	19.22%	1.88%	9.56%	3.36%	-5.34%
Net Income Growth	36.47%	-12.41%	0.16%	9.44%	11.38%	21.50%	19.71%	2.77%	8.15%	2.36%	-6.82%
EPS Growth	36.15%	-12.99%	0.71%	9.94%	12.43%	23.13%	21.28%	4.52%	9.55%	3.03%	-7.02%
Operating Cash Flow Growth	-4.43%	14.09%	-25.94%	7.39%	53.58%	-0.23%	104.50%	21.21%	-1.03%	9.63%	-3.06%
Free Cash Flow Firm Growth	103.89%	102.62%	104.77%	95.96%	-154.21%	52.28%	-28.33%	281.62%	-2,418.18%	-1,775.73%	-2,009.65%
Invested Capital Growth	5.34%	4.28%	3.43%	7.13%	7.26%	4.58%	4.61%	3.71%	20.60%	23.20%	22.95%
Revenue Q/Q Growth	0.59%	-2.23%	-0.39%	8.02%	0.16%	-2.21%	-0.40%	8.50%	4.72%	-3.46%	0.04%
EBITDA Q/Q Growth	3.66%	-14.96%	9.00%	19.65%	3.43%	-13.07%	4.45%	11.74%	5.96%	-10.51%	-5.05%
EBIT Q/Q Growth	3.65%	-16.99%	10.01%	21.79%	4.34%	-14.77%	4.99%	12.56%	4.67%	-11.25%	-6.36%
NOPAT Q/Q Growth	10.06%	-22.08%	0.72%	23.32%	12.00%	-15.49%	2.14%	5.39%	20.43%	-20.27%	-6.45%
Net Income Q/Q Growth	10.14%	-24.17%	4.38%	25.53%	12.10%	-17.28%	2.85%	7.76%	17.97%	-21.71%	-6.37%
EPS Q/Q Growth	9.94%	-24.29%	5.22%	25.53%	12.43%	-17.09%	3.64%	8.19%	17.84%	-22.02%	-6.47%
Operating Cash Flow Q/Q Growth	-6.27%	45.36%	-76.72%	238.55%	34.05%	-5.56%	-52.28%	100.67%	9.44%	4.62%	-57.81%
Free Cash Flow Firm Q/Q Growth	103.79%	-33.91%	96.81%	-182.06%	49.22%	285.66%	-7.36%	107.94%	-804.10%	-23.55%	-5.57%
Invested Capital Q/Q Growth	0.26%	-0.68%	3.74%	3.70%	0.38%	-3.16%	3.77%	2.81%	16.73%	-1.07%	3.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.94%	42.94%	43.79%	44.36%	44.68%	44.07%	44.86%	45.65%	45.77%	44.47%	43.97%
EBITDA Margin	24.10%	20.96%	22.89%	25.35%	26.18%	23.27%	24.41%	25.14%	25.43%	23.58%	22.38%
Operating Margin	21.04%	17.80%	19.25%	21.64%	22.23%	19.52%	20.85%	21.50%	21.85%	20.29%	18.90%
EBIT Margin	21.03%	17.85%	19.67%	22.17%	23.10%	20.13%	21.22%	22.02%	22.01%	20.23%	18.93%
Profit (Net Income) Margin	17.04%	13.22%	13.85%	16.09%	18.01%	15.24%	15.73%	15.63%	17.60%	14.28%	13.36%
Tax Burden Percent	91.95%	86.63%	80.97%	82.22%	89.52%	88.79%	84.59%	79.69%	90.19%	80.21%	80.52%
Interest Burden Percent	88.13%	85.46%	86.97%	88.28%	87.11%	85.24%	87.64%	89.07%	88.70%	87.99%	87.63%
Effective Tax Rate	8.05%	13.37%	19.03%	17.78%	10.48%	11.89%	15.41%	20.31%	9.81%	19.79%	19.48%
Return on Invested Capital (ROIC)	24.87%	20.06%	19.31%	21.95%	24.79%	22.14%	22.16%	21.15%	22.98%	19.79%	18.26%
ROIC Less NNEP Spread (ROIC-NNEP)	23.69%	18.88%	18.41%	20.98%	23.64%	20.92%	21.01%	20.15%	21.62%	18.47%	17.07%
Return on Net Nonoperating Assets (RNNOA)	42.10%	27.95%	26.52%	27.75%	26.80%	22.58%	22.19%	19.24%	20.33%	16.15%	14.84%
Return on Equity (ROE)	66.97%	48.00%	45.84%	49.70%	51.59%	44.71%	44.35%	40.40%	43.31%	35.94%	33.10%
Cash Return on Invested Capital (CROIC)	17.42%	17.92%	17.71%	14.15%	14.47%	18.26%	18.29%	18.52%	2.26%	0.75%	-0.07%
Operating Return on Assets (OROA)	18.71%	15.70%	16.94%	18.22%	18.79%	17.26%	18.32%	17.61%	17.17%	16.94%	15.95%
Return on Assets (ROA)	15.16%	11.62%	11.93%	13.23%	14.65%	13.06%	13.58%	12.50%	13.74%	11.96%	11.25%
Return on Common Equity (ROCE)	66.92%	47.94%	45.78%	49.66%	51.60%	44.71%	44.35%	40.40%	43.31%	35.94%	33.10%
Return on Equity Simple (ROE_SIMPLE)	45.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	178	138	139	172	192	163	166	175	211	168	157
NOPAT Margin	19.34%	15.42%	15.59%	17.80%	19.90%	17.20%	17.64%	17.13%	19.70%	16.27%	15.22%
Net Nonoperating Expense Percent (NNEP)	1.18%	1.18%	0.90%	0.97%	1.15%	1.22%	1.15%	1.00%	1.36%	1.32%	1.19%
Return On Investment Capital (ROIC_SIMPLE)	-	4.15%	-	-	-	4.65%	4.61%	4.54%	5.23%	4.15%	3.81%
Cost of Revenue to Revenue	56.06%	57.06%	56.21%	55.64%	55.32%	55.93%	55.14%	54.35%	54.23%	55.53%	56.03%
SG&A Expenses to Revenue	22.90%	24.30%	24.53%	22.71%	22.45%	24.54%	24.00%	24.15%	23.92%	24.19%	25.08%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.90%	25.14%	24.53%	22.71%	22.45%	24.06%	24.00%	24.15%	23.92%	24.19%	25.08%
Earnings before Interest and Taxes (EBIT)	193	160	176	214	223	190	200	225	236	209	196
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	221	188	205	245	253	220	230	257	272	244	231
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.31	8.32	8.72	7.25	8.08	7.57	7.01	6.94	7.82	6.63	5.96
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.49	3.00	3.25	2.81	3.41	3.01	2.95	3.20	3.83	3.37	3.01
Price to Earnings (P/E)	16.18	20.28	21.78	18.64	22.20	19.01	18.10	19.94	24.48	21.28	19.75
Dividend Yield	1.71%	1.44%	1.36%	1.57%	1.30%	1.47%	1.49%	1.37%	1.13%	1.28%	1.43%
Earnings Yield	6.18%	4.93%	4.59%	5.36%	4.50%	5.26%	5.52%	5.01%	4.08%	4.70%	5.06%
Enterprise Value to Invested Capital (EV/IC)	3.70	4.37	4.51	3.89	4.60	4.29	4.10	4.32	4.56	4.15	3.72
Enterprise Value to Revenue (EV/Rev)	2.95	3.43	3.70	3.26	3.82	3.41	3.34	3.56	4.27	3.77	3.42
Enterprise Value to EBITDA (EV/EBITDA)	12.91	15.21	16.20	13.97	15.97	13.93	13.46	14.39	17.37	15.28	14.18
Enterprise Value to EBIT (EV/EBIT)	14.93	17.60	18.75	16.14	18.40	16.00	15.41	16.47	19.99	17.62	16.46
Enterprise Value to NOPAT (EV/NOPAT)	16.77	20.16	21.74	19.13	22.15	19.29	18.41	19.84	23.81	21.28	20.02
Enterprise Value to Operating Cash Flow (EV/OCF)	18.60	20.83	23.00	20.16	21.05	19.05	17.52	18.05	22.30	19.55	18.24
Enterprise Value to Free Cash Flow (EV/FCFF)	21.77	24.88	25.88	28.44	32.87	24.02	22.95	23.75	220.98	612.20	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.64	1.53	1.49	1.69	1.53	1.33	1.24	1.16	1.07	0.96	0.97
Long-Term Debt to Equity	1.63	1.22	1.18	1.40	1.26	1.32	1.23	1.14	1.06	0.96	0.97
Financial Leverage	1.78	1.48	1.44	1.32	1.13	1.08	1.06	0.96	0.94	0.87	0.87
Leverage Ratio	4.01	3.67	3.51	3.49	3.27	3.12	2.99	3.02	2.90	2.72	2.66
Compound Leverage Factor	3.54	3.14	3.05	3.08	2.85	2.66	2.62	2.69	2.57	2.39	2.33
Debt to Total Capital	62.10%	60.45%	59.84%	62.78%	60.46%	57.13%	55.41%	53.64%	51.75%	48.92%	49.15%
Short-Term Debt to Total Capital	0.39%	12.38%	12.28%	10.87%	10.54%	0.63%	0.69%	0.65%	0.70%	0.00%	0.01%
Long-Term Debt to Total Capital	61.71%	48.07%	47.56%	51.92%	49.92%	56.50%	54.72%	53.00%	51.05%	48.91%	49.14%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	37.92%	39.55%	40.16%	37.22%	39.54%	42.87%	44.59%	46.36%	48.25%	51.08%	50.85%
Debt to EBITDA	2.44	2.45	2.43	2.80	2.70	2.17	2.11	2.15	2.13	1.98	2.02
Net Debt to EBITDA	2.00	1.88	1.96	1.93	1.71	1.62	1.58	1.47	1.82	1.62	1.71
Long-Term Debt to EBITDA	2.43	1.95	1.94	2.32	2.23	2.14	2.08	2.13	2.10	1.97	2.02
Debt to NOPAT	3.17	3.25	3.27	3.84	3.74	3.00	2.88	2.97	2.92	2.75	2.85
Net Debt to NOPAT	2.60	2.49	2.63	2.64	2.37	2.24	2.17	2.03	2.50	2.26	2.42
Long-Term Debt to NOPAT	3.15	2.58	2.60	3.17	3.09	2.97	2.85	2.93	2.88	2.75	2.85
Altman Z-Score	3.55	3.76	4.01	3.44	3.83	4.03	4.06	4.12	4.41	4.26	4.01
Noncontrolling Interest Sharing Ratio	0.08%	0.12%	0.12%	0.07%	-0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.03	1.26	1.31	1.66	1.71	2.04	2.17	2.30	1.77	1.84	1.91
Quick Ratio	1.24	0.82	0.82	1.18	1.23	1.32	1.43	1.56	1.01	1.05	0.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	31	21	41	-33	-17	31	29	61	-427	-527	-556
Operating Cash Flow to CapEx	729.47%	934.04%	187.87%	827.75%	1,165.33%	908.71%	495.26%	1,184.75%	1,164.97%	606.31%	482.38%
Free Cash Flow to Firm to Interest Expense	1.36	0.90	1.77	-1.33	-0.59	1.25	1.18	2.46	-16.04	-21.00	-22.99
Operating Cash Flow to Interest Expense	6.59	9.59	2.23	6.89	8.05	8.69	4.23	8.52	8.63	9.57	4.19
Operating Cash Flow Less CapEx to Interest Expense	5.69	8.56	1.04	6.06	7.36	7.73	3.38	7.80	7.89	7.99	3.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.88	0.86	0.82	0.81	0.86	0.86	0.80	0.78	0.84	0.84
Accounts Receivable Turnover	8.39	0.00	8.11	8.19	8.29	0.00	8.35	8.15	8.29	0.00	8.49
Inventory Turnover	4.37	4.51	4.43	4.46	4.54	4.88	4.76	4.63	4.48	4.73	4.67
Fixed Asset Turnover	11.56	10.95	10.63	10.51	10.35	10.15	10.07	9.93	9.84	9.80	9.82
Accounts Payable Turnover	8.08	7.67	7.77	7.97	8.15	8.14	8.54	8.12	8.32	8.87	8.79
Days Sales Outstanding (DSO)	43.53	0.00	45.00	44.56	44.03	0.00	43.72	44.79	44.01	0.00	42.98
Days Inventory Outstanding (DIO)	83.54	80.92	82.40	81.93	80.33	74.74	76.76	78.85	81.45	77.13	78.21
Days Payable Outstanding (DPO)	45.19	47.62	47.00	45.82	44.81	44.87	42.75	44.93	43.87	41.17	41.54
Cash Conversion Cycle (CCC)	81.87	33.30	80.40	80.67	79.55	29.87	77.72	78.71	81.60	35.96	79.65
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,885	2,865	2,972	3,082	3,094	2,996	3,109	3,197	3,732	3,692	3,823
Invested Capital Turnover	1.29	1.30	1.24	1.23	1.25	1.29	1.26	1.23	1.17	1.22	1.20
Increase / (Decrease) in Invested Capital	146	118	99	205	209	131	137	115	637	695	714
Enterprise Value (EV)	10,665	12,509	13,400	11,988	14,221	12,856	12,760	13,812	17,010	15,322	14,238
Market Capitalization	9,012	10,962	11,778	10,331	12,698	11,360	11,257	12,401	15,225	13,698	12,516
Book Value per Share	$14.04	$15.02	$15.42	$16.30	$18.03	$17.26	$18.62	$20.76	$22.68	$24.03	$24.39
Tangible Book Value per Share	($8.84)	($7.95)	($7.43)	($7.69)	($6.19)	($6.42)	($5.45)	($4.46)	($9.21)	($7.80)	($7.73)
Total Capital	3,249	3,333	3,364	3,830	3,973	3,500	3,604	3,854	4,034	4,048	4,132
Total Debt	2,018	2,015	2,013	2,405	2,402	2,000	1,997	2,067	2,088	1,980	2,031
Total Long-Term Debt	2,005	1,602	1,600	1,988	1,983	1,978	1,972	2,042	2,060	1,980	2,030
Net Debt	1,653	1,547	1,622	1,657	1,523	1,496	1,503	1,410	1,785	1,624	1,722
Capital Expenditures (CapEx)	21	24	27	21	20	24	21	18	20	40	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	319	226	334	350	311	244	320	317	337	280	369
Debt-free Net Working Capital (DFNWC)	683	694	726	1,098	1,190	747	814	974	639	637	678
Net Working Capital (NWC)	670	281	313	682	771	725	789	949	611	636	677
Net Nonoperating Expense (NNE)	21	20	16	16	18	19	18	15	22	21	19
Net Nonoperating Obligations (NNO)	1,653	1,547	1,622	1,657	1,523	1,496	1,503	1,410	1,785	1,624	1,722
Total Depreciation and Amortization (D&A)	28	28	29	31	30	30	30	32	37	35	36
Debt-free, Cash-free Net Working Capital to Revenue	8.81%	6.18%	9.23%	9.54%	8.35%	6.45%	8.37%	8.18%	8.46%	6.89%	8.86%
Debt-free Net Working Capital to Revenue	18.89%	19.00%	20.05%	29.88%	31.95%	19.81%	21.32%	25.12%	16.06%	15.65%	16.29%
Net Working Capital to Revenue	18.54%	7.70%	8.64%	18.55%	20.70%	19.23%	20.66%	24.48%	15.35%	15.65%	16.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.78	$1.35	$1.41	$1.78	$2.00	$1.66	$1.72	$1.86	$2.19	$1.71	$1.60
Adjusted Weighted Average Basic Shares Outstanding	87.90M	87.55M	87.60M	87.30M	87.10M	86.29M	86.30M	86M	85.90M	86.15M	86.10M
Adjusted Diluted Earnings per Share	$1.77	$1.34	$1.41	$1.77	$1.99	$1.65	$1.71	$1.85	$2.18	$1.70	$1.59
Adjusted Weighted Average Diluted Shares Outstanding	88.20M	87.55M	88.10M	87.70M	87.60M	86.29M	86.70M	86.40M	86.50M	86.15M	86.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	87.79M	87.55M	87.44M	87.13M	86.93M	86.29M	86.05M	85.85M	86.03M	86.15M	85.94M
Normalized Net Operating Profit after Tax (NOPAT)	178	138	139	172	192	163	166	175	211	168	157
Normalized NOPAT Margin	19.34%	15.42%	15.59%	17.80%	19.90%	17.20%	17.64%	17.13%	19.70%	16.27%	15.22%
Pre Tax Income Margin	18.53%	15.26%	17.10%	19.57%	20.12%	17.16%	18.60%	19.61%	19.52%	17.80%	16.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.43	7.00	7.68	8.53	7.76	7.56	8.09	9.15	8.85	8.33	8.09
NOPAT to Interest Expense	7.75	6.04	6.09	6.85	6.68	6.45	6.73	7.12	7.93	6.70	6.50
EBIT Less CapEx to Interest Expense	7.52	5.97	6.49	7.70	7.07	6.60	7.24	8.43	8.11	6.75	7.22
NOPAT Less CapEx to Interest Expense	6.85	5.02	4.90	6.01	5.99	5.50	5.87	6.40	7.19	5.12	5.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	27.84%	29.36%	29.84%	29.45%	28.86%	27.95%	27.09%	27.31%	26.98%	27.23%	28.26%
Augmented Payout Ratio	31.41%	40.44%	48.32%	51.10%	56.84%	64.77%	62.47%	62.44%	55.09%	39.66%	40.98%

Financials Breakdown Chart

Key Financial Trends

Here is a concise, data-driven view of Allegion (NYSE: ALLE) using the last four years of quarterly results provided. The focus is on trends in revenue, profitability, cash flow, and balance sheet strength that may matter to retail investors.

Operating cash flow trend improving in 2025: Net cash from continuing operating activities rose through 2025, from 104.5 million in Q1 to 209.7 million in Q2, 229.5 million in Q3, and 240.1 million in Q4.
Gross margin remained solid (mid-40s%): 2025 quarterly gross margin stayed in the ~44.8%–45.8% range (Q4 2025 gross profit 459.5M on 1,033.2M revenue; Q3 2025 489.8M on 1,070.2M; Q2 2025 466.5M on 1,022.0M; Q1 2025 422.5M on 941.9M).
Revenue around $1B per quarter in 2025: Operating revenue hovered near $1.0B, peaking at about $1.07B in Q3 2025, indicating resilient demand.
Per-share profitability improving mid-year 2025: Diluted EPS rose from about $1.71 (Q1) to $1.85 (Q2) to $2.18 (Q3) in 2025, before settling around $1.70 in Q4.
Leverage and debt trends: Long-term debt increased to about $2.059B by Q3 2025 (up from roughly $2.042B in Q2 2025 and higher than prior periods), signaling higher leverage as the year progressed.
Notable capital allocation in Q3 2025: Acquisitions totaled about $546.6M and there was a debt issuance of roughly $261.9M, suggesting ongoing growth investments and refinancing activity.
Near-term liquidity fluctuation: Cash & equivalents fell to about $302.7M in Q3 2025 from $656.8M in Q2 2025, indicating tighter short-term liquidity at that point in the year.
Significant investing cash outflows: Q3 2025 net cash from investing activities was about -$566.7M (larger capex plus acquisitions), contributing to negative cash flow from investing activities that quarter.
Financing cash outflows in several quarters: Net cash from financing activities was negative in multiple periods (e.g., about -$151.5M in Q4 2025), reflecting debt service, dividends, and other financing uses rather than strengthening liquidity.
Rising debt load and potential interest burden: Sustained growth in long-term debt, along with steady interest expense (roughly $24–$29M per quarter in recent periods), could weigh on future cash flow if financing needs continue to rise.

05/06/26 06:23 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Allegion's Financials

When does Allegion's financial year end?

According to the most recent income statement we have on file, Allegion's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Allegion's net income changed over the last 10 years?

Allegion's net income appears to be on an upward trend, with a most recent value of $643.80 million in 2025, rising from $154.30 million in 2015. The previous period was $597.50 million in 2024. Check out Allegion's forecast to explore projected trends and price targets.

What is Allegion's operating income?

Allegion's total operating income in 2025 was $859.50 million, based on the following breakdown:

Total Gross Profit: $1.84 billion
Total Operating Expenses: $978.80 million

How has Allegion's revenue changed over the last 10 years?

Over the last 10 years, Allegion's total revenue changed from $2.07 billion in 2015 to $4.07 billion in 2025, a change of 96.7%.

How much debt does Allegion have?

Allegion's total liabilities were at $3.16 billion at the end of 2025, a 5.7% increase from 2024, and a 41.3% increase since 2015.

How has Allegion's book value per share changed over the last 10 years?

Over the last 10 years, Allegion's book value per share changed from 0.27 in 2015 to 24.03 in 2025, a change of 8,904.5%.

Related Companies

Financial statements for NYSE:ALLE last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Allegion (ALLE) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Allegion's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Allegion (ALLE) Financials

Annual Income Statements for Allegion

Quarterly Income Statements for Allegion

Annual Cash Flow Statements for Allegion

Quarterly Cash Flow Statements for Allegion

Annual Balance Sheets for Allegion

Quarterly Balance Sheets for Allegion

Annual Metrics And Ratios for Allegion

Quarterly Metrics And Ratios for Allegion

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Allegion's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools